GGI RapidNews R&D Product Development eZine: Volume 7, Issue 5 - June 1, 2006
In This Issue
MANAGEMENT PRODUCTIVITY - Bush Proposes Shifts in Federal R&D Budget
MANAGEMENT PRODUCTIVITY - First-To-The-World Intellectual Property Auction
UPCOMING PUBLIC SEMINAR - June06 Product Development Innovation Summit
BOOK REVIEW - Nanofuture: What's Next for Nanotechnology
NON-PROFIT CONFERENCE - Society of Concurrent Product Development
UPCOMING PUBLIC SEMINAR - Sept06 Product Development Metrics Summit - Early Bird Rates
THE WISDOM iSTORE FEATURED PRODUCT - Primary Research On Capacity
THE WISDOM iSTORE NEW LISTINGS - No New Listings This Month
BIENNIAL PRODUCT DEVELOPMENT SURVEY - 2004, 2002, 2000, 1998 Results
GATEWAYS TO KNOWLEDGE - A Monthly Feature
CALENDAR OF INDUSTRY EVENTS - A Monthly Feature
TELEVISION EVENTS - Alexander Haig's World Business Review
"Changing Priorities: Bush initiative shifts science-budget funds"
Excerpts from Science News Article, February 11, 2006, p. 86, Vol. 169, No. 6, published by Science Service, Marion, OH.
While the proposed federal research and development (R&D) budget for Fiscal Year 2007 will remain at current levels, agencies dealing with the Internet, fiber optics and satellite-telecommunications systems will see increased funding levels at the expense of biomedical research.
The $317 billion slated for R&D in 2007 up more than $3 billion over 2005 yet represents only a 0.4 percent increase when adjusted for inflation. President Bush's American Competitiveness Initiative provides extra funding to the National Science Foundation (NSF), the Department of Energy's Office of Science, and the National Institute of Standards and Technology (NIST).
In contrast, biomedical research will take a cut in funding in 2007. While the National Institutes of Health will gain $18 million, this translates into a 2.1 percent budget decrease when adjusted for inflation. The agency estimates that that fewer than one out of every five grant applications will receive funding next year, compared to one of every three in 2001.
After an increase in 2006, funding for the National Nanotechnology Initiative would fall 1.8 percent to $1.3 billion, primarily because DOD would remove earmarked 2006 nanotechnology projects from its 2007 request.
Copies of this article are available to subscribers in the Science News Archives. The annual subscription fee is about $55 and it might be worth it for this one article alone.
First-To-The-World Intellectual Property Auction
Leveraging the human impulse to outdo the competition, Ocean Tomo has charged up the Intellectual Property (IP) market by offering patents at public auction. The Chicago-based merchant banking firm sold 26 of 78 lots in its first Live Patent Auction in San Francisco this April. It grossed $3 million by the close of the auction and has subsequently sold five additional lots, bring cumulative sales to nearly $8.5 million.
The unorthodox decision to offer IP at auction came as the result of numerous inquiries from patent holders for help in selling their patents, Ocean Tomo said. "The current transaction market for patents is highly illiquid. We believe there is a significant unmet need for making the patent transaction process more efficient from the perspectives of time, effort and cost," noted Dean Becker, Vice Chairman of Ocean Tomo in a recent Business Wire report.
Prior to each auction, Ocean Tomo Auctions, LLC (OTA) makes background books available on product offerings. Its next auction, scheduled for October 25-25 in New York City, will include both patent and trademark offerings.
Information on the next IP auction is available on the Ocean Tomo Web site.
UPCOMING PUBLIC SEMINAR - INNOVATION SUMMIT Jun06
GGI will sponsor its R&D -- Product Development Innovation Summit on June 24-26, 2006 in metro Boston. Please join us for eight comprehensive modules that surround the subject of Innovation in R&D and Product Development.
The Innovation Modules that will be offered are:
If RN readers are planning on attending, please register now for the Innovation Summit.
For more details on the Product Development Innovation Summit, please go to GGI's Innovation Summit web site which is also available through our home page. If you are already registered, leisure time activities may be useful for planning transportation, meals, and personal time outside the Summit.
Nanofuture: What's Next for Nanotechnology, , by J. Storrs Hall. Prometheus Books, USA. May 6, 2005. Copyright 2005 by J. Storrs Hall, ISBN 1591022878, 333 pages.
Would you enjoy a steak more knowing that no animal was sacrificed to produce the meat? Would you wear ultra-light weight clothing that maintains your body temperature in all climates? Would you like to fly your car to work?
These are some of the goodies in store for mankind once we have harnessed the power of nanotechnology, claims author J. Storrs Hall.
Nanotechnology involves the designing and building of "machines" in which every atom and chemical bond is specified precisely. This is done on a scale of less than 100 nanometers, this is one-billionth of a meter.
We are currently at the first two stages of a five-stage development cycle. At this point, we are able to make images at the atomic level and to manipulate atoms. We can also produce atomically precise molecules, but in doing so we also make many similar but unusable molecules.
The second stage involves getting atomically precise structures to assemble themselves so that each structure is identical to all others. Scientists have had success in the lab prompting DNA molecules to do just this.
Nanotechnology has just entered the second stage at this juncture. Storrs contends that the first nation to introduce a stage three system, self-assembling machines, will have an almost unbeatable lead. He predicts that stage three systems could make nanoscale measurement equipment, test fixtures, and experimental prototypes of new machines.
For those who are involved in day-to-day operations of their company, this may not be the book for you. However, anyone responsible for future strategy, strategic marketing or business development, Nanofuture will stretch your thinking outside of the box.
You can find more information about this book or purchase it through Amazon.
CONFERENCE OF INTEREST [Non-Profit]
Society Of Concurrent Product Development, Inc. [SCPD] - 9th WW Conference
formerly Society of Concurrent Engineering, Inc. [SOCE]
Many RN readers know of GGI staff and affiliate volunteer activities in this non-profit association to promote and teach the "Concurrent Engineering" and now "Concurrent Product Development" Body Of Knowledge dating back to 1992. Dick Power, Don Stewart, Anne Schwartz, Richard James, Renee Dorjahn, Brad Goldense and others [People] have all held or still hold leadership roles. We have a quite distinguished Advisory Board that adds to the capability of the well seasoned WW Board.
SCPD's Five Pillars of Knowledge have served many leading companies over the years to orchestrate fundamental change in their organizations to meet the much more competitive global environment of today. A major revision to this BOK is due out in the next several months, along with the first issue of SCPD's new Refereed Journal "The Journal of Concurrent Product Development [JCPD]." Our quarterly publication by long time Editor John Cushman, Concurrency, is always worth a read. That is especially true with regard to the June 8 Conference Issue.
This 9th WW Conference also marks a milestone for SCPD. We will be inaugurating new President Peter Fritz who is Manager of Technical Education at 3M Corporate in Minneapolis. Peter will deliver the Keynote address on Concurrent Practices and their relation to Six Sigma, Lean, Agile, Stage-Gate, Systems Engineering and other development practices of today. As a Six Sigma Blackbelt with umpteen line management jobs, Peter is now lead educator for one of the worlds most innovative companies.
We are looking forward to something quite different this year for the main body of the conference. The approach this year will be highly interactive and hands-on. Speakers will include Peter Fritz as Keynote, Gary Rosen, a VP at Varian Semiconductor, Roger Lundberg from DaimlerChrysler, John Miller from J.D. Power Associates, Will Hill of UnltraCell and others from firms such as Bose and Raytheon. A number of seasoned technically-savvy facilitators will be assisting break-out groups during the day. We'll leave it at that to tease the imagination.
Frank Hull and Paul Collins, Arizona State and U Washington respectively, who are respected researchers in concurrent practices will discuss the BOK as a closing presentation.
There will be two Post-Conference Seminars on Friday morning concluding in mid-day.
Download a Brochure. Register now. No attendee will pay more than $500 for the whole day and one-half. The Early Bird Rate Ends May 15. Early Birds can't possibly pay more than $450. All Non-Member registrants will receive a complimentary one year membership in SCPD.
UPCOMING PUBLIC SEMINAR - METRICS SUMMIT Sept06
We are delighted to be offering our Metrics Summit again in September 2006. Many prior Metrics Summit participants were kind enough to share their written comments about the Metrics Summit so that future participants could get a better idea of what to expect. Testimonials.
Early Bird rates will be effective through July 24 at EOB Pacific Time. Discounts are available for individuals and company teams of three or more.
GGI's Product Development Metrics Summit will be held September 19-21, 2006 in metro Boston. Please join us for a series of 3 seminars, focused on 3 major areas of importance to R&D executives and managers.
The first seminar (Measuring Product Development II (MPDII) - March 14) addresses the subjects of setting hurdle rates, assessing risk and complexity, tradeoff analysis, measuring capacity, and assessing overall financial performance. Click to view the MPDII abstract or to download the table of contents.
The second seminar (Proactive and Predictive R&D Metrics (PPRD) - March 15 AM) focuses on three different stages of developing early, predictive metrics that will enable managers to foresee issues on the horizon or to know that success is in front of them. Click to view the PPRD abstract or to download the table of contents.
The third seminar, a capstone, (Product Development Metrics Portfolios (PDMP) - March 15 PM and March 16) covers the areas of metrics for R&D and product development that are not discussed in the prior two seminar days and then shifts focus. Company teams gather and working groups form around Innovator, Innovator/Extender, Balanced, and Extender R&D strategies for the purpose of developing a set of measures for the R&D organization as a whole, including the few measures that should be used by the corporation to measure R&D productivity, output, and overall performance results. Click to view the PDMP abstract or to download the table of contents.
All three seminars are geared to executives and top-level professionals that manage entire organizations, departments, and budgets; and senior program management executives.
Registration is easy. If you are registering a team, you can register any number of people in one transaction. Our site provides for the contact information for one person though and we will contact you to get the contact information for the remaining registrants. If you are already registered, leisure time activities may be useful for planning transportation, meals, and personal time outside the Summit.
For more information please download a brochure.
THE WISDOM iSTORE FEATURED PRODUCT
Discounted Item: Periodically, GGI's iStore features one item that we discount 40%. We just changed the item a few days ago. For the first time we are discounting our primary research report, including ground breaking research on staffing ratios and time spent on new product development, that we performed in 2002 and published in 2003.
"2002 Product Development Metrics Research Results (Hard Copy)" [list price $1,784.00]
March 28, 2003 [223 pages] $1070.00
The 2002 Product Development Metrics Survey focused on resource and capacity management practices and metrics. Results of the research are offered in three reports of increasingly detailed description and analysis: Research Highlights (MR21), Research Summary (MR22), and Research Results (MR24). These three separate reports provide, respectively, an executive summary, middle-management-level, and detail-level view of the survey data.
The 2002 Product Development Metrics Research Results is a 223-page report containing text and presentation slides that describe and analyze the survey population both as a whole and segmented as follows: Public vs. Private Companies; Smaller vs. Larger Companies; Process vs. Repetitive/Discrete vs. Job Shop Companies; Higher vs. Lower Technology Companies; and Companies with More vs. Fewer Employees. The report summarizes the overall survey results and provides details on the profiles of the survey respondents. The five research subject areas were loading the RD&E capacity pipeline, providing capacity for RD&E activities, balancing cross-functional resources (staffing ratios), systems, tools, and metrics used to manage capacity, and RD&E metrics used in industry.
This research provides interesting results regarding the methods companies use to select projects and to establish and manage backlog. The report provides details on staffing ratios and the resources, both within the development function and in the cross functions, that companies are allocating to new and existing products. Also discussed is the infrastructure in place to enable resource and capacity planning and management.
GGI's Featured Item changes approximately every other month and is always offered at a 40% discount. To order this material, please go to GGI's Featured Item.
Recently Released Items: While not a featured item, we want to make you aware of a recently released coursebook, the one that is used for GGI's 3-Day Innovation Summit (S8).
S8 "R&D - Product Development Innovation Summit Coursebook"
1st R&D - Product Development Innovation Summit, Goldense Group, Inc., Needham, Massachusetts, USA, Copyright � 2006 Goldense Group, Inc., ISBN 1-932468-44-7
January 2006 [520 pages]
This coursebook covers the range of topics around the subject of innovation that are of interest to persons responsible for directing and managing innovation at the corporate and business-results levels. This is the material that underlies GGI's 3-Day R&D-Product Development Innovation Summit which was first offered to the public on January 17-19, 2006 in Norwood, Massachusetts, USA. While in MS Powerpoint format, this is a data-intensive document that is consistent with GGI's industry reputation in the quantitative aspects of product development and innovation.
The first section of the R&D Innovation Summit Coursebook contains industry benchmark information about: product selection and intellectual property management and decision processes, pipeline yield rates from ideation to commercialization, relative innovativeness of tools and techniques used by today's product developers, top management short list of practices that fuels R&D productivity, and an inventory of "all" innovation tools in the marketplace today.
The second section contains more in-depth information about four major innovation-enablers: Lead User Analysis, Six Hats, Triz, and Semantic Processing. The second section also contains more in-depth information about: Trade Secrets, Trademarks/Servicemarks, Copyrights, and Patents.
The third section contains information on five subject areas that are part of an overall innovation environment: additional software such as self assessment and DSS and IP management, insourcing and outsourcing innovation, metrics and measures for innovation environments, and reward and recognition processes and mechanisms. The Summary highlights the contributions of five prominent books in the field of innovation that are used by corporations. The brief Conclusion indicates the places in product development processes where the use of innovation tools may have the best impact, along with positioning innovation strategically, and within technical and product management functions.
THE WISDOM iSTORE NEW LISTINGS
No new items were added to the The Wisdom iStore since we last wrote you.
2004 Product Development Metrics Survey - Product Selection, IP Management, and Top Corporate Metrics: The Summary and Highlights Reports for GGI's 2004 Biennial Product Development Metrics Survey are now available for purchase by the public through GGI's Wisdom iStore. These reports are completely based on primary research performed by GGI researchers. The research includes 202 respondent companies. There was a 5% response rate.
McKinsey & Company, Texas Instruments, Rockwell, Kimberly Clark, JDS Uniphase, Shure, Curtiss Wright Flight Systems and Datacard are representative of companies that purchase market research from GGI.
The 2004 Survey focused on the following 5 areas of product selection and IP management:
Some additional complimentary information about the survey is available:
1. 2004 SURVEY HIGHLIGHTS: A text-only report (75 pages),
including the full text of all the results and analysis of
the survey population analyzed as a whole, and
2. 2004 SURVEY SUMMARY: A report of composite results, where the survey respondents are analyzed as a whole (149 pages, includes a full set of graphed answers for every survey question).
Individual sections of the research reports, as well as logical combinations of sections are also available. All reports are available in printed or electronic versions.
These reports are available in the Market Research section of GGI's Wisdom iStore.
2002, 2000, 1998 Product Development Metrics Survey: The Summary and Highlights Reports for GGI's prior Biennial Product Development Metrics Surveys are also available for purchase by the public through GGI's Wisdom iStore. These reports are completely based on primary research performed by GGI researchers. Information about the purpose and focus of prior surveys may be found in our biennial survey archives.
GTK-Gateways To Knowledge is a DIRECTORY OF THOUSANDS OF LINKS to providers of engineering, purchasing, and manufacturing technologies and services. If you hit the right subjects, it is more useful than a search engine! The "main entrance" to GTK can be found at:
For those of you that do not want to risk going through the main entrance above, some of the Gateways that we believe you will find useful or entertaining are highlighted below.
CALENDAR OF INDUSTRY EVENTS
GGI's Calendar of Industry Events contains an up-to-date listing of links to Conferences, Seminars, Distance Learning Centers, Colleges & Universities, Executive Education, and Corporate-Sponsored Universities. The calendar has just been updated with more conferences and seminars throughout 2005. The categories we follow are:
The categories of conferences, seminars, and distance learning are further organized into the following subject areas:
If you are looking for a conference or other learning opportunity, check out the Calendar. This free service for our readers is front and center on GGI's Home Page. Or, go directly to the Calendar of Industry Events MEGA Gateway.
Alexander Haig's World Business Review: Brad Goldense has made several appearances on Alexander Haig's World Business Review in the past year. Streaming video is available for all shows, which aired on August 4, September 29 and December 15, 2002 and on May 20, 2003. See below for details.
May 20, 2003 Broadcast of September 29th In-Studio with Alexander Haig (22.5 minutes): Streaming video for this segment is available on GGI's web site.
December 15, 2002 In-Studio with Alexander Haig (7.5 minutes) on CNBC paid programming: Streaming video for this segment is available on GGI's web site.
September 29, 2002 In-Studio with Alexander Haig (22.5 minutes): Streaming video for this segment (as well as the entire 30-minute show) is available on GGI's web site.
August 4, 2002 On-Location at GGI (3.5 minutes): This On-Location field report is available in streaming video on GGI's web site.
The web page includes links to download a streaming video player, if you do not currently have one installed on your computer.
For more information on any of Brad's appearances on television, go to:
GGI RapidNews is an e-mail publication from Goldense Group, Inc (GGI). Its subject matter includes survey findings, company news, book and article reviews, key industry conferences and R&D information of interest to clients and associates. Please send communications to rn(at)goldensegroupinc.com. Thank you.